Notcoin (NOT), a cryptocurrency linked to Telegram, surged 25% driven by increased retail interest and rising Google search activity. Despite this price rise, derivatives market data shows traders are heavily betting against it, with open interest hitting $7.8 million and a negative funding rate indicating growing bearish pressure. The rally is supported by strong accumulation signals and a breakout above a key supply zone, suggesting potential for continued gains. However, the heavy short positioning signals caution as market sentiment remains mixed.
Rob Hadick of Dragonfly predicts the stablecoin market will evolve beyond the current USDT and USDC dominance due to increasing competition from banks, fintech companies, and new crypto issuers. This competition will focus on payments, compliance, an...
The Bangko Sentral ng Pilipinas (BSP) has issued a memorandum banning licensed virtual asset service providers (VASPs) from listing privacy-focused tokens that obscure transaction details. This move aligns with global anti-money laundering standards ...
Legend Biotech announced that its investigational CAR-T therapy LB2501 achieved a 100% objective response rate and 83.3% complete response rate at the higher dose in a Phase 1 trial for relapsed or refractory B-cell non-Hodgkin lymphoma. The single i...
PYTH Network's price dropped to a record low of around $0.04 before bouncing back 14%, suggesting renewed investor interest after a broad market selloff. Despite facing a major supply zone that could limit gains, rising staking values, increased trad...
Abu Dhabi Airports has partnered with Al Hail Holding and fintech firm Xare to pilot regulated crypto payment options, including Bitcoin and stablecoins, at Zayed International Airport. This initiative is part of the UAE's broader strategy to integra...
